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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 18 U.S.C. § 335 Circulation of obligations of expired corporations us united_states_code code_section 18 CRIMES AND CRIMINAL PROCEDURE 17 COINS AND CURRENCY 335 18 U.S.C. § 335 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc18@119-100.zip /us/usc/t18/s335 data/legal/raw/us/code/title-18/usc18.xml a93c20bd5b1742e2bc571c3cde40008678a1b36728b5c6b697e0f9a29706ca0b 1a1bbbbdb59e376ada4eb7ad1056fd68d396679ee7ab59f0561af15006122708 b6410c331b50625dd0bcc3bbc74b16979447c95ccca1de6083ec279caf58daec 2026-07-04 official
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18 U.S.C. § 335 - Circulation of obligations of expired corporations

Text

Whoever, being a director, officer, or agent of a corporation created by Act of Congress, the charter of which has expired, or trustee thereof, or an agent of such trustee, or a person having in his possession or under his control the property of such corporation for the purpose of paying or redeeming its notes and obligations, knowingly issues, reissues, or utters as money, or in any other way knowingly puts in circulation any bill, note, check, draft, or other security purporting to have been made by any such corporation, or by any officer thereof, or purporting to have been made under authority derived therefrom, shall be fined under this title or imprisoned not more than five years, or both.

(June 25, 1948, ch. 645, 62 Stat. 700; Pub. L. 103322, title XXXIII, § 330016(1)(L), Sept. 13, 1994, 108 Stat. 2147.)

Notes

Historical and Revision NotesBased on title 18, U.S.C., 1940 ed., § 289 (Mar. 4, 1909, ch. 321, § 174, 35 Stat. 1122). The reference to persons aiding was omitted as unnecessary, since such persons are made principals by section 2 of this title. The last sentence excepting bona fide holders in due course was omitted as surplusage. Other changes in phraseology also were made.

Editorial Notes

Amendments1994—Pub. L. 103322 substituted “fined under this title” for “fined not more than $10,000”.